They are often intimidated and confused by computer hardware leasing and computer leasing companies because most Canadian business people and financial managers aren't tech savvy. We also are always surprised when customers don't know that computer computer software could be borrowed also - not everybody knows or informs you that. If your particular flexirent company doesn't by policy money software, think what, you have other funding alternatives for that a part of your purchase.
You've made a decision to lease of finance your technology, which can include hard-ware, software, telecom equipment, routers, etc! Among the key individuals in your decision is of course always the great cost of capital equipment acquisition in technology. And it is not as if that's an appreciating asset on your books. Have you checked out technology and computer prices - performance increases and each year new models come out, and price boils down. Apart from total cost that's of course great news.
What most lease organizations don't tell you is that you have a number of critical decisions to make when you lease technology, and their firm mightn't necessarily be the very best one to finance your purchase. Why is that? Simply because capital companies are not technology companies, they are influenced by pure return o-n invested capital. When you have entered in to a good market lease they make money via the sale of the computers, together with the particular interest rate o-n the transaction at the end of the lease. (More about fair market leases later )
Alternative methods where the lease company makes money off your firm could be the ability to lock you right into a relationship when you become a repeat award client for additional technology money. Other simple and slight pro-fit machines for lease organizations that you could not know about are:
- Interim rents
- Pre-pay charges
- Admin costs
- Excess use and refurb charges,
Etc!
Let us proceed to major secret # 2 that your computer lease business mightn't inform you of. That problem relies around the idea that you want to use technology, not own it (Why would you want to own an obsolescing and depreciating asset?). The perfect solution is that drives and solves that problem could be the earlier mentioned reasonable market lease, usually known as an operating lease. That more regularly than maybe not, for a substantial computer lease financing is the better solution for your leasing needs in technology. But think what; we sense that probably 90% of organizations do not provide that solution, since it involves being a specialist in tool and residual values. Finance lease businesses usually do not know too much in regards to the bits and bytes.
Thus you should ensure that you have choices in your lease offer that identify whether you can finance on an operating lease base also. It may certainly not make sense for a little purchase, but a more substantial exchange should think about this strategy.
Still another important advantage of leasing generally relates to computer leasing, which is that various include on's could be borrowed - they include shipping, install, guarantee, and so on. Its not all firm lets you fund these, many will. And, as we mentioned, do not forget, Software may be financed!
Examine carefully the financing of technology - these resources are costly, depreciate, and you do not want to make a poor financing choice for technology that is driving your accounting, sales and customer-relationship data.
More details are available on this article.
Talk with a trusted, credible, and experienced business financing consultant to be sure you realize the 'secrets' of flexirent financing.
You've made a decision to lease of finance your technology, which can include hard-ware, software, telecom equipment, routers, etc! Among the key individuals in your decision is of course always the great cost of capital equipment acquisition in technology. And it is not as if that's an appreciating asset on your books. Have you checked out technology and computer prices - performance increases and each year new models come out, and price boils down. Apart from total cost that's of course great news.
What most lease organizations don't tell you is that you have a number of critical decisions to make when you lease technology, and their firm mightn't necessarily be the very best one to finance your purchase. Why is that? Simply because capital companies are not technology companies, they are influenced by pure return o-n invested capital. When you have entered in to a good market lease they make money via the sale of the computers, together with the particular interest rate o-n the transaction at the end of the lease. (More about fair market leases later )
Alternative methods where the lease company makes money off your firm could be the ability to lock you right into a relationship when you become a repeat award client for additional technology money. Other simple and slight pro-fit machines for lease organizations that you could not know about are:
- Interim rents
- Pre-pay charges
- Admin costs
- Excess use and refurb charges,
Etc!
Let us proceed to major secret # 2 that your computer lease business mightn't inform you of. That problem relies around the idea that you want to use technology, not own it (Why would you want to own an obsolescing and depreciating asset?). The perfect solution is that drives and solves that problem could be the earlier mentioned reasonable market lease, usually known as an operating lease. That more regularly than maybe not, for a substantial computer lease financing is the better solution for your leasing needs in technology. But think what; we sense that probably 90% of organizations do not provide that solution, since it involves being a specialist in tool and residual values. Finance lease businesses usually do not know too much in regards to the bits and bytes.
Thus you should ensure that you have choices in your lease offer that identify whether you can finance on an operating lease base also. It may certainly not make sense for a little purchase, but a more substantial exchange should think about this strategy.
Still another important advantage of leasing generally relates to computer leasing, which is that various include on's could be borrowed - they include shipping, install, guarantee, and so on. Its not all firm lets you fund these, many will. And, as we mentioned, do not forget, Software may be financed!
Examine carefully the financing of technology - these resources are costly, depreciate, and you do not want to make a poor financing choice for technology that is driving your accounting, sales and customer-relationship data.
More details are available on this article.
Talk with a trusted, credible, and experienced business financing consultant to be sure you realize the 'secrets' of flexirent financing.
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